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7 Cards in this Set
- Front
- Back
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Colonialism |
The practice by which a nation state extends political, economic, and military power beyond its own borders, over an extended period of time to secure access to raw materials, cheap labor, and markets in other regions |
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Neocolonialism |
Continued patterns of unequal economics relations despite the formal end of colonial political and military control |
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Neoliberalism |
An economic and political world view that sees the free market as the main mechanism for ensuring economic growth w/ a severely restricted role for government
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Bourgeoisie |
Marxist term for the capitalist class that owns the means of the production |
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Means of production |
The factories, machines, tools, and materials land and financial capital needed to make things |
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Prestige |
The reputation, influence and difference bestowed on certain people because of their membership in certain groups |
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Commodity chain |
The hands an item passes through between producer and consumer |
